CMS is curtailing voluntary participation in the Comprehensive Care for Joint Replacement bundled payment model
Hospitals that participated in the Comprehensive Care for Joint Replacement model on a voluntary basis over the last three years will be excluded after Sept. 30.
Physician-friendly web technology can help hospitals grow revenue from ambulatory referrals
All too often, ambulatory orders from referring physicians do not result in delivered services and associated revenue for hospitals because of ineffective ordering processes. Hospitals can gain a competitive advantage ad avoid lost revenue by taking steps to simplify this process for both the referring physician and the patient.
News briefs: CMS reduces Medicare payments by 25% for many providers as part of loan recoupment
News briefs for May include recoupment of Medicare advance payments, a potential issue with hospitals' 340B eligibility, and more.
Site-neutral payments could reduce healthcare spending by at least $350 billion over 10 years, report finds
If site-neutral payments were implemented throughout healthcare, the reduction in expenditures could total as much as $672 billion over a decade, according to a new report.
HHS to provide funding for administration of COVID-19 advanced therapies in vulnerable communities
HHS announced a $150 million investment to make available monoclonal antibody therapeutic treatments for patients in vulnerable communities nationwide.
Hospital job losses continued in February and were greater in January than previously reported
Hospitals lost positions in February, but the biggest news in the latest batch of jobs data was a negative adjustment to January numbers.
GAO report examines how pass-through status affects Medicare payments for drugs used in outpatient care
A Government Accountability Office report finds that Medicare pays more to cover drugs used in hospital outpatient settings when pass-through payment status is in effect.
Healthcare News of Note: Xavier Becerra likely to be confirmed as next U.S. Department of Health and Human Services secretary
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles, including information on the likely confirmation of Xavier Becerra as HHS secretary, which specialists are seeing an uptick in patients and lingering health issues from COVID-19.
January brings a halt to job gains for hospitals and the healthcare industry
January numbers form the U.S. Bureau of Labor Statistics show that hospitals and the healthcare industry lost jobs after several months of gains.
Medicare Advantage concepts come to Medicare fee-for-service with Geographic Direct Contracting Model
While the MA Stars Rating program is a bonus program where plans can earn additional revenue for achieving high scores, quality in the Geographic Direct Contracting program is treated more like a penalty, says HFMA's Chad Mulvany.